Monday, October 25, 2010

Infor's new CEO: What's behind Curtain #2?

Very interesting. After the HP/Oracle/SAP shuffle with Mark Hurd and Leo Apotheker, now comes news that Charles Phillips, the former Wall Street analyst who was #2 at Oracle for many years, has taken over the top job at Infor.

Sure sounds like somebody's trying to get bought.

The company apparently gave the scoop to the NY Times' Ashlee Vance, who noted, "Infor would appear on the track to file for an I.P.O. or certainly to be acquired by the likes of Oracle, SAP and I.B.M."

Or maybe Microsoft, given Infor's recent decision to junk their tool business, and use all MS stuff.

Not sure I buy the IPO prospects - but they gotta do something, if you believe the whispers about impatient bankers at Golden Gate and elsewhere. And big-time M&A is a world, and a process, that Phillips is said to know well.

But as we've said before, it's a short list of potential buyers. And I'm not sure that it realistically includes anyone besides SAP.